US Corn Long Term Projections 2016

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This dataset shows the long-run projections for the US agricultural sector to 2025 includes assumptions for the US and international macroeconomic conditions and projections for major commodities, farm income, and the US agricultural trade value. Values are from the publication United States Department of Agriculture (USDA) Agricultural Projections to 2025, February 2016.


United States Department of Agriculture (USDA) long-term agricultural projections presented in this report are a departmental consensus on a longrun scenario for the agricultural sector. These projections provide a starting point for discussion of alternative outcomes for the sector.
The projections in this report were prepared during October through December 2015, with the Agricultural Act of 2014 assumed to remain in effect through the projection period. The scenario presented in this report is not a USDA forecast about the future. Instead, it is a conditional, longrun scenario about what would be expected to happen under a continuation of current farm legislation and other specific assumptions.

Critical long-term assumptions are made for the US and international macroeconomic conditions, US and foreign agricultural and trade policies, and growth rates of agricultural productivity in the United States and abroad. The report assumes that there are no domestic or external shocks that would affect global agricultural supply and demand. Normal weather is assumed. Changes in any of these assumptions can significantly affect the projections, and actual conditions that emerge will alter the outcomes.
The report uses as a starting point the short-term projections from the November 2015 World Agricultural Supply and Demand Estimates report. The macroeconomic assumptions were completed in October 2015.

The projections analysis was conducted by interagency committees in USDA and reflect a composite of model results and judgment-based analyses. The Economic Research Service had the lead role in preparing the departmental report. The projections and the report were reviewed and cleared by the Interagency Agricultural Projections Committee, chaired by the World Agricultural Outlook Board. USDA participants in the projections analysis and review include the World Agricultural Outlook Board; the Economic Research Service; the Farm Service Agency; the Foreign Agricultural Service; the Agricultural Marketing Service; the Office of the Chief Economist; the Office of Budget and Program Analysis; the Risk Management Agency; the Natural Resources Conservation Service; and the National Institute of Food and Agriculture.

Date Created


Last Modified




Update Frequency


Temporal Coverage

2016-02-01 to 2017-01-01

Spatial Coverage

United States


John Snow Labs; United States Department of Agriculture (USDA);

Source License URL

Source License Requirements


Source Citation

United States Department of Agriculture (USDA), Release 2016.


Corn Plant, Corn Products, Corn Plant, US Agriculture, Corn Feed, USDA Corn Report, U.S. Department of Agriculture

Other Titles

USDA Projection Table 2016, US Long Range Weather Forecast for Corn

ItemAcreage Major planted and harvested cropsstring-
Year_2014_To_2015Forecasted corn or year 2014 to 2015numberlevel : Ratio
Year_2015_To_2016Forecasted corn or year 2015 to 2016numberlevel : Ratio
Year_2016_To_2017Forecasted corn or year 2016 to 2017numberlevel : Ratio
Year_2017_To_2018Forecasted corn or year 2017 to 2018numberlevel : Ratio
Year_2018_To_2019Forecasted corn or year 2018 to 2019numberlevel : Ratio
Year_2019_To_2020Forecasted corn or year 2019 to 2020numberlevel : Ratio
Year_2020_To_2021Forecasted corn or year 2020 to 2021numberlevel : Ratio
Year_2021_To_2022Forecasted corn or year 2021 to 2022numberlevel : Ratio
Year_2022_To_2023Forecasted corn or year 2022 to 2023numberlevel : Ratio
Year_2023_To_2024Forecasted corn or year 2023 to 2024numberlevel : Ratio
Year_2024_To_2025Forecasted corn or year 2024 to 2025numberlevel : Ratio
Year_2025_To_2026Forecasted corn or year 2025 to 2026numberlevel : Ratio
Area (million acres):
Prices (dollars per bushel):
Supply and use (million bushels):
Variable costs of production (dollars):
Per acre360340343348350353357361365369373377
Returns over variable costs (dollars per acre):
Net returns273278262273287291294297300304316320
Farm price3.73.653.63.653.
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